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There's an argument to be made that the debt forgiveness came after the realization that maybe the WW2 was also a result of the crushing debt imposed on Germany

There's an argument to be made that the debt forgiveness came after the realization that maybe the WW2 was also a result of the crushing debt imposed on Germany after WW1.

TheOtherHobbes 11y ago
It's questionable how directly Versailles caused WW2. WW2 was caused in no small part by the Wall St Crash, which was a direct cause of hyperinflation in Germany, and by delusional industrialists who thought that financing Hitler would be a good way to avoid a revolution. At least one of them - Thyssen - ended up in a concentration camp. So that didn't work out so well for him. The others have never been held accountable. Weimar could easily have been rescued if the Nazi party hadn't received literally millions in external funding and other forms of corporate support. In a counterfactual reality, Europe would probably have united more quickly and peacefully. Technology wouldn't have developed as quickly, but there would have been an arms race and perhaps a war with the Soviet Union sooner or later. Some background: http://www.businesspundit.com/10-global-businesses-that-worked-with-the-nazis/ http://www.businesspundit.com/10-global-businesses-that-work... https://en.wikipedia.org/wiki/Fritz_Thyssen https://en.wikipedia.org/wiki/Fritz_Thyssen
- tjradcliffe 11y ago
  > WW2 was caused in no small part by the Wall St Crash, which was a direct cause of hyperinflation in Germany Could you please clarify how the Crash of '29 caused hyperinflation in Germany in the early 1920's? Or do you mean the August 1919 to December 1920 slide? That doesn't suffer from violations of the law of causality, but nor is there any evidence that it caused the Weimar government to print ever increasing amounts of money in higher and higher denominations, which started in June 1921, six months after Wall Street had started to recover. https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...

There's an argument to be made that the debt forgiveness came after the realization that maybe the WW2 was also a result of the crushing debt imposed on Germany after WW1.

TheOtherHobbes 11y ago

It's questionable how directly Versailles caused WW2. WW2 was caused in no small part by the Wall St Crash, which was a direct cause of hyperinflation in Germany, and by delusional industrialists who thought that financing Hitler would be a good way to avoid a revolution. At least one of them - Thyssen - ended up in a concentration camp. So that didn't work out so well for him. The others have never been held accountable. Weimar could easily have been rescued if the Nazi party hadn't received literally millions in external funding and other forms of corporate support. In a counterfactual reality, Europe would probably have united more quickly and peacefully. Technology wouldn't have developed as quickly, but there would have been an arms race and perhaps a war with the Soviet Union sooner or later. Some background: http://www.businesspundit.com/10-global-businesses-that-worked-with-the-nazis/ http://www.businesspundit.com/10-global-businesses-that-work... https://en.wikipedia.org/wiki/Fritz_Thyssen https://en.wikipedia.org/wiki/Fritz_Thyssen

tjradcliffe 11y ago
> WW2 was caused in no small part by the Wall St Crash, which was a direct cause of hyperinflation in Germany Could you please clarify how the Crash of '29 caused hyperinflation in Germany in the early 1920's? Or do you mean the August 1919 to December 1920 slide? That doesn't suffer from violations of the law of causality, but nor is there any evidence that it caused the Weimar government to print ever increasing amounts of money in higher and higher denominations, which started in June 1921, six months after Wall Street had started to recover. https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...